Verizon Announces Price Plans for 4G LTE, Starting at $50

With the days ticking down before the official launch of Verizon’s 4G LTE network, pricing plans and details have just been announced to the public. On December 5th when 4G LTE goes live, it will be available in 38 markets, with an additional 60 airport locations available as well, for an estimated combined coverage area of around 110 milion people this year alone. Verizon CEO Lowell McAdams has said plans are in place to double that coverage in 2012, and to cover the existing 3G area with 4G LTE by the end of 2013. Below is the coverage map where 4G LTE will be available at launch.

As for that pricing, at launch two USB modems will be available for purchase costing $99 after a $50 rebate and two-year contract as always. Customers will then have the option of two different data plans, $50 for 5 GB, or $80 for 10 GB. Any data used over your plan will result in $10 overages per gigabyte. The 4G LTE (Long Term Evolution) network is said to provide speeds 10 times faster compared to 3G speeds, so depending on your individual needs, the price may well be worth the ability the network will offer. As for handset devices running on the 4G network, Verizon does have plans to introduce something early next year. For more information, you can head over to Verizon’s official 4G LTE pageto learn more about it, and be sure to check out the promo video for 4G in Boston below.